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US Departments of Treasury, Energy Announce More Than $3B in Recovery Act Funds for Direct Payments for Renewable Energy Projects

Green Car Congress

The US Departments of the Treasury and Energy announced the availability of an estimated $3 billion for the development of renewable energy projects around the country. Eligible types of renewable energy propertires inlcude: Large and small wind. This direct payment program allows for an immediate stimulus in local economies.

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Enova Announces 16 Unit Hybrid School Bus Order; Initial Deployment of Federal Stimulus Dollars for School Buses

Green Car Congress

This deployment represents the initial large scale utilization of US Department of Energy grants for clean school buses. This interest should continue to grow as more tax credits and incentives become available to ease the transition to hybrid school buses. Enova COO John Mullins.

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California Governor Schwarzenegger Announces 244 Proposed Renewable Energy Projects Throughout State; Up to 69,925 MW of Capacity

Green Car Congress

California Governor Arnold Schwarzenegger announced the first comprehensive list of 244 proposed renewable energy projects that could produce up to 69,925 MW of clean energy annually. Currently California facilities produce just more than 8,000 MW of renewable energy annually.

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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

Green Car Congress

Green Car Congress attended the Renewable Energy Finance Forum - Wall Street (REFF-Wall Street) conference (23-24 June) sponsored by Euromoney Energy Events and the American Council on Renewable Energy (ACORE). Energy Markets in a State of Change. Dr. Paul still sees significant growth in the developing world.

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NYC Goes EV

Revenge of the Electric Car

From the article: ‘The New York study anticipates that by 2015, electric vehicle prices should decline because of reduced battery costs, that there will be a sufficient supply of electric vehicles to purchase, and that consumers will take advantage of the existing federal tax credit of $7,500 for new electric cars. Or No Cars?

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Plug-in cars: Moving Forward

Plugs and Cars

The federal consumer tax credit awaits major automaker cars that can claim them. Energy Secretary Chu’s decision to defund hydrogen fuel cell vehicle programs was an unexpected and welcome decision. Energy” companies are poised to receive the lion’s share of $50 million dollars to install a few more H2 filling stations.

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Honda May Develop Plug-In as Obama Alters U.S. Policy (Update2) - Bloomberg.com

Tony Karrer Delicious EVdriven

Tax Credits Instead, Obama backed tax credits of as much as $7,500 inthe stimulus package approved in February for buyers of plug-incars. Tom Welch , a spokesman for the Energy Department, wasn’timmediately able to comment on whether the agency’s view ofhydrogen as an automotive fuel has changed.

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